EVET enters Mumbai, Chennai markets – Times of India

CHENNAI: EVET by Magenta, the e-mobility platform which has been running EV Fleet for urban logistics movement for about a year now in Bengaluru, has entered Mumbai and Chennai markets. The company shall roll out over 500+ EV fleet in the next 3-4 months in both cities.
EVET shall enter the new markets with its electric three-wheelers in L5 categories, which has travelled over one million clean (electric) kilometres, offsetting almost 150 metric tonnes of Co2 emissions.
The EVET EV Fleet is used to transport medium and large-sized cargo and offers cost savings. The running cost of an electric vehicle is on an average about Rs 1.5–2 per km, whereas operating a petrol vehicle hovers around Rs 8–9 per km. The fleet runs on EVET’s proprietary Fleet Management System that provides real-time data for track and trace, dedicated service support, and operational enablement via the unique driver training and certification programme.
Darryl Dias, co-founder of Magenta Group, said, “We at EVET have had success in Bengaluru markets, from a pilot to a full-fledged run; we strongly believe that the future of urban logistics movement, particularly in the logistics industry, is through electric mobility. To accelerate the adoption of EVs in the end-to-end logistics industry, we are currently investing in deploying new vehicles as well as developing full stack technology for fleet management to better manage, monitor, monetize the assets. EVET’s electric fleet is a perfect match for our sustainability goals.”